The purpose of this final chapter is to identify the common themes of the three projects (WSM, Medis, and Aquadapt), to integrate and harmonise the results and approaches adopted by each, and to discuss conclusions and potential policy implications that can feed into the EU Water Framework...

This chapter provides the economic perspective to implementing integrated water resources management and describes the valuation techniques and economic instruments that have been developed and are available to help price water efficiently, and allocate it to it�s...

This chapter reviews several noteworthy applications of the choice experiment method undertaken in the European Union (EU) countries to this date. The review summarises choice experiment studies implemented in various EU countries, covering a wide geographical area, including those EU countries...

The aim of this book is to draw attention to the wealth and diversity of several recent state-of-the-art choice experiment studies that have been undertaken in Europe in the last few years. The main emphasis of the book is to highlight how this method can be employed to inform environmental,...

Since the 1990s flood risk and the effects of flooding episodes have reemerged as an important natural hazard concern in central and northern Europe. These concerns have also been exacerbated as a result of widespread and ever increasing awareness of global climate change, and significant...

This book does not only aim to present and analyze the Cyprus experience in water resources management, using both local and world experts in the field. It also opts to communicate this experience to other countries that can inform, develop and improve their water resources policies by...

Wetlands are a crucial component of water resources, providing several ecological functions and services, including flood attenuation, groundwater recharge and water quality maintenance, as well as conservation of biodiversity and provision of recreational activities. In Cyprus, an arid country...

The study presented in this chapter, not only presents one of the first applications of the choice experiment method to value benefits from reduction in flood risk in Europe, but also aims to estimate the value of biodiversity, in addition to the local household�s...

In this paper we address the implications of production risk for controlling fishing effort in a regulated fishery in a framework where fishers maximize expected utility of profit. We focus on controlling effort through season closures that limit the number of days the fishery is open to harvest...

The increasing scarcity of natural resources (in terms of quantity and quality) is one of the most pervasive allocation issues facing development planners throughout the world. The need for sustainable management of these valuable resources has become a critical policy concern. Econometrics is a...